India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Chandigarh, April 7 (SocialNews.XYZ) Haryana Chief Secretary Anurag Rastogi on Tuesday chaired a high-level meeting here to review the distribution of LPG cylinders, including 5 kg free trade LPG (FTL) cylinders, and the status of the piped natural gas (PNG) network in the state. At the virtual meeting, the Chief Secretary directed all Deputy Commissioners to ensure last-mile delivery of LPG cylinders, with special attention to rural areas. They were directed to closely monitor the distribution of FTL cylinders and PNG connectivity and ensure that new LPG connections are issued in a time-bound and transparent manner. Rastogi emphasised the government remained fully committed to ensuring that no household in Haryana faces any inconvenience in accessing clean cooking fuel, and that the distribution machinery must remain alert and responsive at all times. Commissioner and Secretary (Food, Civil Supplies and Consumer Affairs) J. Ganesan said domestic LPG cylinders are being supplied across the state without any disruption in the supply chain. "There is absolutely no shortage of domestic LPG in Haryana, and the situation is similar to the corresponding period last year," he said. In a significant development from March 28, public sector oil marketing companies (OMCs) have successfully resumed full commercial LPG supplies to hotels, restaurants, 'dhabas' and industries. The meeting was informed that in March, OMCs together supplied 54.39 lakh domestic LPG cylinders. The review meeting also placed special focus on the distribution of 5 kg FTL cylinders, which served as a convenient and affordable option for migrant labourers, smaller households, street vendors, and small eateries. From April 1 to April 5, a total of 4,730 FTL cylinders were sold by the three OMCs. Reflecting growing energy access and inclusion, 2,565 new LPG connections have been issued since March 15. Of these, 1,090 new connections were for 5 kg cylinders, 1,462 for 19 kg domestic cylinders and 13 for commercial 47.5 kg cylinders.
Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower services to BMC's Education and Security Departments. This initiative is aimed at improving public sector operational efficiency in Mumbai. Small-cap stock Krystal Integrated Services share was trading in the green, up 3.07 pe ...Read More >
Mumbai : Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India today unveiled and launched its much-awaited all-new 3 Generation Honda Amaze. This marks the global debut of the new generation Amaze in India, a key market for Honda globally and the first country to launch the new model. The all-new Amaze will be available at an introductory price range of Rs 7,99,900 - Rs. 10,89,900 (ex-showroom, Delhi); valid till 45 days from launch. The stylish and premium compact sedan has been designed to offer an OUTCLASS and delightful sedan experience that meets the aspirations ...Read More >
New Delhi [India], June 6 (ANI): Aadhaar number holders carried out over 211 crores authentication transactions, pushing the total number of such transactions since Aadhaar's inception to more than 15,223 crores (152.23 billion), according to a release by the Ministry of Electronics & IT. The ministry reported that the transaction in May 2025 saw more transactions, as compared to the same month last year, when 201.76 Cr such transactions were carried out. This growth in number is a reflection of how Aadhaar-based authentication has been playing a facilitating role in effective welfare delive ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
NEW DELHI, June 8: A day before his Government marks its first anniversary in third term, Prime Minister Narendra Modi said on Sunday that the ruling BJP-led National Democratic Alliance has redefined women-led development in its 11 years in power. Follow the Daily Excelsior channel on WhatsApp In all sectors, including science, education, sports, start ups and the armed forces, women are excelling and inspiring several people, Modi said on X. He cited a number of welfare programmes which, he noted, have benefitted women immensely. Various initiatives, from ensuring dignity through Swachh ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Sivasagar, Jun 26 (PTI) Leakage of gas continued for the 15th day from a crude oil well of ONGC in Assam's Sivasagar district although the energy major on Thursday claimed that it is nearing to control the blowout. In its daily bulletin on the blowout, ONGC said it has achieved a key breakthrough in its ongoing operations in close coordination with international well control specialists from CUDD Pressure Control. "The team successfully cleared all remaining rig materials, including staircases, entangled wires and other structural components. "This critical step culminated in the safe remov ...Read More >
New Delhi, Jan 31 (VOICE) The output of India's eight core sector industries rose 4 per cent year-on-year in December, driven by an increase in the production of coal, steel, and electricity during the month, according to government data released on Friday.The eight core industries include coal, natural gas, crude oil, refinery products, fertilisers, cement, steel and electricity which comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The growth rate of the core industries, therefore, is an indicator of the overall industrial growth rate. Apa ...Read More >
CHENNAI: Indian equity markets experienced a significant rally today, spurred by the Reserve Bank of India's (RBI) unexpected policy measures aimed at stimulating economic growth. The RBI slashed the key repo rate by 50 basis points and reduced the Cash Reserve Ratio (CRR) by 100 basis points, injecting approximately ₹2.5 lakh crore into the banking system. This aggressive easing, coupled with a shift in the RBI's policy stance from 'accommodative' to 'neutral', boosted investor sentiment across sectors. The apex bank's bold policy actions have injected liquidity and optimism into the markets ...Read More >
Alipurduar, May 29 (UNI) Prime Minister Narendra Modi on Thursday laid the foundation of a Rs 1,010 crore City Gas Distribution Project in West Bengal's northern district of Alipurduar and said that the state's development is key to India's future. The project aims to supply Piped Natural Gas (PNG) to 2.5 lakh households, over 100 commercial establishments, and establish 19 CNG stations. "The City gas distribution project in Alipurduar is our commitment to strengthening the region's clean energy infrastructure," Modi said at the outset. "Bengal's development is key to India's future," Modi ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
New Delhi: ONGC's production trend is beginning to turn after eight straight years of fall as a key new field in KG Basin ramps up and the old Mumbai High asset arrests decline. ONGC's crude production rose 3% year-on-year in November to 53,804 tonnes per day (tpd) and the output growth so far in December has accelerated to 4.2% to 54,535 tpd, according to people with knowledge of the matter. The output was marginally higher in three of the first seven months this fiscal year but there is a cle ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Aadhaar number holders executed over 211 crore authentication transactions in May this year taking the cumulative number of such transactions to more than 15,223 crore since inception, according to a statement issued by the Ministry of Electronics & IT on Thursday. The May authentication transactions are more than the previous month, as well as of May 2024 when 201.76 Cr such transactions were carried out. The growing number shows, how Aadhaar-based authentication has been playing a facilitating role in effective welfare delivery, and voluntarily availing v ...Read More >
New Delhi: Six people, including a three-year-old child, were injured in five separate fire incidents reported across the city on Thursday.According to Delhi Fire Services (DFS), a fire was reported on Pankha Road in west Delhi's Janakpuri around 5.30am, in which two buses and a car were gutted. Two fire tenders were sent to the site. No casualties were reported. At 9.35am, a fire broke out in a house in southeast Delhi's New Friends Colony. According to police, a resident called workers to clean a sofa set in her home when a fire broke out. "It appears the thinner caught fire during the clean ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Katra: Prime Minister Narendra Modi visited Jammu and Kashmir on Friday to inaugurate multiple rail projects, including the world's highest Chenab Rail Bridge, the Anji Khad Bridge, and the Katra-Srinagar Vande Bharat Express, as part of the Udhampur-Srinagar-Baramulla Rail Link. These railway projects directly connect Jammu and Kashmir to the rest of the country. The Udhampur-Srinagar-Baramulla Rail Link is an all-weather railway corridor designed to provide seamless connectivity to the region through the rail network. During his visit, PM Modi reviewed the Chenab bridge, world's highest ra ...Read More >
Gaya, June 8 (SocialNews.XYZ) Lok Nayak Jaiprakash Eye Hospital, inaugurated five years ago in 2020, has become a landmark location in Bihar's Gaya, owing to its famed eye care centre catering to more than 10 lakh people, not just from the city but also adjoining towns including Nawada, Jehanabad, Aurangabad, and Nalanda. The hospital, situated at Kajha village of Wazirganj block of Gaya, is primarily an eye hospital, providing treatment for all types of eye diseases. The hospital has a modular Operation Theatre, two other OTs, 100 indoor patient beds and is equipped with a pathological lab, ...Read More >
New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >
Alipurduar (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution project in Alipurduar and Cooch Behar districts in West Bengal on Thursday. The project, worth over Rs 1010 crore, aims to provide Piped Natural Gas (PNG) to more than 2.5 Lakh households, over 100 commercial establishments, and industries, and Compressed Natural Gas (CNG) to vehicular traffic by establishing around 19 CNG stations in line with the Minimum Work Program (MWP) targets stipulated by the Government. Also Read | Kerala Lottery Result Today 3 PM L ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
HYDERABAD: In a major move aimed at reducing pollution and improving urban transport in Hyderabad, the Telangana government has approved the introduction of 65,000 new eco-friendly auto rickshaws within the city limits and the Outer Ring Road (ORR). The decision, driven by Transport Minister Ponnam Prabhakar and aligned with Chief Minister Revanth Reddy's vision, is expected to contribute to environmental sustainability and employment generation. The state issued GO No. 263 relaxing the long-standing cap on new auto rickshaw permits within Greater Hyderabad. For over two decades, restriction ...Read More >
New Delhi [India], December 12 (ANI): The gross NPA ratio of public sector banks declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and a peak of 14.58 per cent in March 2018, the government stated on Thursday, reaffirming the robustness of the banking system. The government emphasised its proactive support for the banking ecosystem, addressing both business needs and employee welfare to ensure stability, transparency, and growth. Also Read | Places of Worship Act Validity: Supreme Court Restrains Courts in Country Not to Entertain, Pass Orders on Suits Related to R ...Read More >
New Delhi, January 31: The unveiling of the Economic Survey on Friday sets the stage for Finance Minister Nirmala Sitharaman to present the Union Budget for 2025-26 in Parliament on Saturday (February 1), which is expected to continue the government's policy of giving a big push to economic growth with equity. The government has prioritised improving the quality of life in rural areas to ensure equitable and inclusive development, according to the Economic Survey 2024-25. The survey highlights financial inclusion as a key focus, with rural households and small businesses getting easier access ...Read More >
Hyderabad: With the early onset of pre-monsoon showers, farmers across Telangana have started their agricultural activities ahead of schedule. However, the agriculture department is facing strong criticism for failing to provide adequate fertilizers and seeds necessary for the current season. According to officials, there is a significant shortfall in the availability of essential inputs like urea and cotton seeds, which may negatively impact crop planning and productivity across the state. Also Read: Madhuri Dixit Recalls 'Hum Aapke Hain Koun' Magic with Salman Khan as Monsoon Arrives For ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
Mumbai: The Bombay High Court has said that merely because the wife is earning, she cannot be deprived of the financial support from her estranged husband as she has to maintain her standard of living. The court noted that the wife is entitled to be maintained with the same standard of living as she was accustomed to before their separation. Justice Manjusha Deshpande, on June 18, dismissed the petition filed by a man challenging an order of the family Court in August 2023 directing him to pay Rs 15,000 maintenance per month to his wife. He contended that his wife was earning over Rs 25,000 ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Union Commerce and Industry Minister Piyush Goyal on Thursday said he looks forward to further strengthening India-Italy strategic partnership by closely working together with the country. Goyal is in Italy on a two-day official visit, after completing his engagements in France which focused on strengthening India-France economic cooperation. "Honoured to be hosted for a delightful dinner by H.E. @Antonio_Tajani, Deputy Prime Minister and Minister of Foreign A ...Read More >
PUNE: Automobile dealers clocked a modest rise of 5 per cent year-on-year to 22.12 lakh units in the retail sale of total vehicles in May, buoyed by healthy two- and three-wheeler sales. However, passenger vehicle (PV) sales bucked the trend, slipping 3.1 per cent as rising inventory and cautious consumer behaviour signalled a pause in demand recovery, the Federation of Automobile Dealers Associations or FADA data showed on Friday. The PV registrations last month stood at 3,02,214 units, as compared to 3,11,908 units in May 2024. FADA said that customers delayed purchases in several states d ...Read More >
New Delhi: Delhi govt has geared up to enforce the ban on refuelling end-of-life vehicles, with plans to station enforcement teams from transport, traffic, and MCD to impound such vehicles.A senior official said that teams would be deployed at fuel stations to monitor the implementation and take action against such vehicles. The teams would be from MCD, the transport department enforcement wing, and traffic.The Standard Operating Procedures (SOP) issued to the pump owners says that there will be "immediate legal action by enforcement teams" when end-of-life vehicles are "identified". This woul ...Read More >